Great news everyone! This came from Al Lutz:

Elsewhere in Fantasyland there are two big projects slated to get underway in 2012. The conversion of the Plaza Gardens into the Fantasy Faire princess area should get underway after Christmas, although the timing is still not set in stone. The Fantasy Faire project is tied in with the current plans to upgrade and improve the existing Fantasyland Theater so that the Walt Disney Creative Entertainment team can then produce a brand new stage show for that 2,000 seat theater. It’s thought that the arrival of both the new Fantasy Faire princess village and the debut of a big stage show in the upgraded Fantasyland Theater could and should be lumped together for 2013, if only to give a shot of adrenalin to the Destination DLR marketing push for the latter half of the campaign in ’13. We’ll fill you in on the details just as soon as the timing of both projects gels a bit more.
My dream is finally coming true! WHEE!